For saleSingle family
$1,350,000
16099 Northwood Rd NW
Prior Lake MN 55372
3 beds, 3.5 baths, 2,909 sqft
16099 Northwood Rd NW is a 3 beds, 3.5 baths, 2,909 sqft single family home for sale at $1,350,000 in Prior Lake MN 55372. At 20% down it rents for an estimated $2,300/mo and returns -$7,337/mo a month at a 0.1% cap rate.
The deal math
Modelled at 20% down on a 30-year loan at current market rates, before management, vacancy and maintenance reserves.
- Estimated rent
- $2,300/mo
- Monthly cash flow
- -$7,337/mo
- Cap rate
- 0.1%
- Cash-on-cash
- -32.6%
- Max offer
- $278,500
Offer ≤ $278,500 (79% below asking) to hit a 1.2 DSCR and 8% cash-on-cash.
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